METHODIST HOSPITAL GROUP

METHODIST HOSPITAL GROUP

Houston, TX, US
501(c)3
EIN
35-2410801
Hospital
Regional Funder
Subordinate Organization

METHODIST HOSPITAL GROUP

Houston, TX, US
501(c)3
EIN
35-2410801
Hospital
Regional Funder
Subordinate Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$4,404,411,075

Program Services
95%
Other
3%
Government Grants
1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Investments
0%
Expenses in 2024

$3,934,185,696

Salaries & Benefits
44%
Other
42%
Fees to Service Providers
6%
Depreciation
5%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Grants
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$49,658,880
$64,716,904
+30%
Fundraising Events
$0
$0
-
Program Services
$3,725,671,794
$4,189,094,358
+12%
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$152,219,535
$150,599,813
-1%
Total Revenues
$3,927,550,209
$4,404,411,075
+12%
Expenses
2023
2024
Change
Grants
$2,048,464
$2,400,691
+17%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,591,740,052
$1,747,897,467
+10%
Fees to Service Providers
$222,877,227
$235,394,352
+6%
Advertising & Promotion
$6,746,745
$8,769,341
+30%
Offices, Occupancy & IT
$86,963,123
$95,019,482
+9%
Interest
$0
$0
-
Depreciation
$196,903,792
$211,866,492
+8%
Other
$1,430,137,864
$1,632,837,871
+14%
Total Expenses
$3,537,417,267
$3,934,185,696
+11%
Net income
2023
2024
Change
Net income
+$390,132,942
+$470,225,379
+21%
Functional Expenses
Summary
2023
2024
Change
Program
$3,076,232,101
$3,425,329,870
+11%
Admin
$461,185,166
$508,855,826
+10%
Fundraising
$0
$0
-
Total Expenses
$3,537,417,267
$3,934,185,696
+11%
Income Statement
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